Canadian Farm Families Gain Access to Powerful Succession Tools
A new collaboration between 33seven and HUB International aims to provide Canadian farm families with a comprehensive set of tools for succession, transition, and life insurance planning. According to Derryn Shrosbree, founder of 33seven, the days of passing down a farm with a handshake and a prayer are gone, replaced by complex tax obligations and competing needs among multiple generations. This partnership brings together Shrosbree's expertise in finance and agriculture, along with HUB International's Property and Casualty services, to provide an integrated approach to protecting wealth, reducing pressure, and preserving operations.
Key Takeaways:
- The average Canadian farmer is over 55 years old, with fewer young people choosing the profession and family disagreements stalling transitions, leading to rising risks.
- Derryn Shrosbree, founder of 33seven, has guided more than 150 farm transitions and aims to keep Canadian farms in Canadian hands.
- The new collaboration between 33seven and HUB International offers an integrated approach to succession, transition, and life insurance planning, designed to reduce inter-family conflict and preserve wealth.
- Canadian farms are not only businesses but also legacies built on generations of commitment and care, and preserving these legacies is a key focus of the partnership.
- 33seven is a Canadian advisory firm dedicated to succession, transition, and legacy planning for farm families, with a focus on continuity and sustainability.
- The partnership between 33seven and HUB International aims to provide Canadian farmers with the confidence they need to protect what matters most, today and for generations to come.
Statistics:
- The average Canadian farmer is over 55 years old.
- 150+ farm transitions guided by Derryn Shrosbree.
- 80% of Canadian farm families face succession challenges. (Source: 33seven)
Sources:
- Machin, 33seven. "Succession demands precision."
(CNW, November 3, 2025)
- SOURCE 33seven